07/24/2012

Deutsche Bank internal Libor clears board

A Deutsche Bank internal investigation into Libor has found that two former traders may have been involved in colluding to manipulate the rates but said there was no indication of failure at the top of the organisation, Reuters reported.

07/23/2012

Lord Green attended private dinner party with HSBC

The Senate inquiry found that HSBC accepted more than $15bn in cash between 2006 and 2009 from Mexico, Russia and other countries at high risk of money-laundering but failed properly to monitor transactions.

07/23/2012

UK Unveils New Plans To Tackle Tax Avoidance

Tax avoidance has become a hot topic in the UK recently, with the government keen to be seen as cracking down on the practice. Last month, a number of high profile celebrities were revealed as having participated in legal schemes including the 'K2&am

07/19/2012

MF Global to return £54m to clients

Richard Heis, the joint special administrator of MF Global UK, said: '[The] court hearing represents an important milestone in returning some £54 million of agreed client assets.'